Rational acquisitions

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In the May edition of Insurance Age both Tony Cornell and Barbara Bradshaw wrote two really interesting articles about consolidation. Tony asserted that there will continue to be acquisitions driven by principals reaching retirement and funded because of the relatively low finance costs and high levels of capital that are in the market.

He also asserted that insurers will effectively be the ones funding this further wave of consolidation.

I completely agree with the first part and completely

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